In a given town, demand for fish and supply of fish is given by P = 5385 - 16 * Q and P = 1947 + 22 * Q respectively. Here P and Q denote are fish price and fish quantity (in tons). How many tons of fish are sold if the fish market is competitive?
Answers
90.47 tons of fish are sold if the fish market is competitive.
In a competitive market, the price of a good is determined by the intersection of the demand and supply curves. That is, the quantity supplied equals the quantity demanded, and there is no market power by any single buyer or seller.
In this case, we have the demand curve P = 5385 - 16Q and the supply curve P = 1947 + 22Q. Setting them equal to each other, we get:
5385 - 16Q = 1947 + 22Q
Simplifying, we get:
38Q = 3438
So, Q = 90.47 tons of fish are sold if the fish market is competitive.
Note that this assumes that the market is perfectly competitive, which may not always be the case in reality. In practice, there may be market power exerted by certain buyers or sellers, which can affect the market price and quantity.
To know more about fish market refer to-
https://brainly.com/question/19711522
#SPJ11
Related Questions
(figure: tax on sellers) suppose the imposition of a per-unit tax on sellers shifts the supply curve from s0 to s1. using the figure, calculate the amount of the tax. a. $2 b. $3 c. $1 d. $4
Answers
The amount of the tax is $2.
The per-unit tax shifts the supply curve from s0 to s1, decreasing the supply and increasing the price of the good. Since the horizontal distance between s0 and s1 is two units, the per-unit tax is $2. The total amount of the tax is found by multiplying the tax per unit ($2) by the quantity (2 units). The total amount of the tax is therefore $2.
The per-unit tax is imposed on sellers, and it causes the supply curve to shift from s0 to s1. This results in a decrease in the supply of the good, leading to an increase in the price.
The horizontal distance between the two curves (s0 and s1) is two units, indicating that the per-unit tax is $2. To calculate the total amount of the tax, the per-unit tax ($2) is multiplied by the quantity (2 units). This gives a total amount of the tax of $2.
To know more about supply curve click on below link:
https://brainly.com/question/1915798#
#SPJ11
one problem with the use of the polygraph to detect lying is that the test
Answers
Answer:
the person may be nervous, causing the test to be invalid
List the basic elements of business plan
Answers
Answer:
Company Description
Market Analysis
Competitive Analysis
Marketing Plan
Sales Strategy
Explanation:
Mark me the brainliest if it helped
A. The experimental drug did not affect the disease and had adverse side affects on the sample group.
B. The experimental drug did not affect the disease and had adverse side effects on the sample group.
C. The experimental drug did not effect the disease and had adverse side affects on the sample group.
D. The experimental drug did not effect the disease and had adverse side effects on the sample group.
Answers
B. The experimental drug did not affect the disease and had adverse side effects on the sample group.
"Affect" and "effect" are commonly confused words in English. In this context, "effect" should be used as a verb to mean "to have an impact on," while "effect" should be used as a noun to mean "a result or consequence." Therefore, option B is the correct choice as it uses "affect" as a verb and "effects" as a noun, which is grammatically correct and conveys the intended meaning. Option A is incorrect as it uses "affect" as a verb but incorrectly uses "affects" as a noun. Option C is incorrect as it uses "effect" as a verb, which is not the correct word choice in this context. Option D is incorrect as it uses "effect" as a verb and "affects" as a noun, which is not grammatically correct.
Learn more about adverse side effects here:
https://brainly.com/question/28322279
#SPJ11
AWARDING BRAINLYIST TO CORRECT ANSWER!!!!!!!!!!!!!!!!!!!!!!!!!!!
Joshua wants to be a lawyer. He found the following table on the Bureau of Labor Statistics’ website to find out about the employment projections 2022. Review the table. Then, answer the question below.
What conclusion can Joshua draw from this table?
A.
There are very few lawyers in the country.
B.
He could make more money working in marketing instead.
C.
There is an increasing need for lawyers, so it is a good career option.
D.
He will probably have a lot of student loans after he graduates.
E.
Lawyers are needed to work for the government and private firms.
Answers
Answer:
Explanation:
A) wrong. You call 3/4 of a million not very many? Let's see what the other answers are.
B) We don't know anything about marketing from this table. Let's move on. This is likely not the best choice.
C) There is an increased need? We don't know that. What would we compare it to? An increase in population might account for the 10% increase in lawyers. I would say it's likely not C.
D) We don't know this either. Maybe, but he might anyway.
E) We don't know this either. They might be self employed.
So no answer appears obvious. We have to make a choice from answers we don't like.
Since all the others don't seem feasible, I guess C is the best answer, but don't be surprised if it is something like A
Answer:
The correct answer is C
Explanation:
i know this because I got it right
Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?
Answers
Answer:
For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.
Explanation:
According to the unit, what percentage of shoppers used a coupon in 2012?
A. 78%
B. 85%
C. 93%
D. 100%
Answers
today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c
Answer:
78%
Explanation:
I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P
suppose the quantity demanded weekly of a certain type of tire is related to its unit price by the equation 500 2 px
Answers
If the unit price of the tire increases $2 per week, the demanded quantity decreases 167 tires per week.
The rate of change can be obtained by taking the derivative of the given function with respect to t (time).
The given equation is:
p + x² = 500
Where
p = price per unit
x = demanded quantity ( of a thousand)
The given parameter is: dp/dt = 2
x = 6
Taking the derivative with respect to t:
dp/dt + 2x . dx/dt = 0
2 + 2 . 6 . dx/dt = 0
dx/dt = -1/6
Since x unit is of a thousand, then
dx/dt = -1/6 x 1000 = -167 tires per week
Hence, if the unit price increases $2 per week, the demanded quantity decreases 167 tires per week.
Complete question:
Suppose the quantity demanded weekly of a certain type of tire is related to its unit price by the equation
p + x² = 500
where p is measured in dollars and x is measured in units of a thousand. How fast is the quantity demanded weekly changing when x = 6, and the price per tire is increasing at the rate of $2/week?
Learn more about price elasticity here:
https://brainly.com/question/24384825
#SPJ4
president hoover has a reputation for dithering in the face of the great depression, but what are some policies he enacted to counteract the economic crisis?
Answers
To combat the Great Depression, President Hoover initiated public works programs and passed the Glass-Steagall Act of 1932. This resulted in increased labor protection and agricultural subsidies. He also signed the unwise Smoot-Hawley Collective Bargaining Act.
What did the Glass-Steagall Act do and why was it repealed?
The Glass-Steagall Act prevented banks from functioning as both commercial and investment banks. Demolition was just one many factors that contributed to the collapse of the housing market. Poor lending practices were a major cause of the 2008 financial crisis.
Who Benefited from the Glass-Steagall Act?
Only 10% of a commercial bank's total revenue can come from securities. With one exception, commercial banks were allowed to underwrite government bonds. The Glass-Steagall Act was passed to encourage banks to spend their money on loans rather than investing in the stock market.
To know more about Glass-Steagall Act visit here:
https://brainly.com/question/14054317
#SPJ4
1) Why do consumers have rights when making purchases in the marketplace?
A) Consumers need to be encouraged to spend more money.
B) Consumers face many more government regulations than producers.
C) Consumers are more important to the economy than producers.
D) Fairness and honesty are vital to a healthy economy.
Answers
Answer:
a
Explanation: i got it right
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
learn more about managers here
https://brainly.com/question/32150882
#SPJ11
What are the pros and cons of considering only biological metrics in conservation planning versus also explicitly considering economic considerations from the beginning
Answers
Considering only biological metrics in conservation planning has several pros.
It ensures that the focus remains on protecting and preserving biodiversity, habitats, and ecosystems without being influenced by economic factors. This approach allows for a more comprehensive understanding of the ecological needs and requirements of species, leading to more effective conservation strategies. It also promotes a long-term perspective, as it prioritizes the health and resilience of natural systems. However, there are cons to solely relying on biological metrics. Ignoring economic considerations can limit the practicality and feasibility of conservation plans. Economic factors, such as the costs of implementation and potential conflicts with human activities, are important to consider.
Learn more about biological metrics here : brainly.com/question/32163029
#SPJ11
Imagine that confidential information stored on your employer's servers is compromised in a data breach. This information contains customer identities, addresses, and financial information, as well as similar kinds of information on company business plans, pending patents, and intellectual property. Finally, the stolen information contains the confidential records for employment (ie, names, addresses, social security numbers, and so on). Do you think you know what to do, both as a person and as a company? How should a company in this position respond, and what do appropriate counter-measures and plans look like?"
Answers
As an individual, if you discover a data breach, immediately report it to your employer's IT or security team.
As a company, respond by conducting a thorough investigation, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities.
Appropriate counter-measures include encryption, access controls, regular security audits, employee training, and incident response plans. Plans should focus on prevention, detection, containment, and recovery.
In the event of a data breach involving confidential information, both individuals and companies need to take appropriate actions. As an individual, if you become aware of a data breach, it is crucial to promptly report the incident to your employer's IT or security team. This immediate action allows the company to initiate their incident response procedures promptly.
From the company's perspective, a comprehensive response is essential. The first step is to conduct a thorough investigation to determine the extent of the breach, the information compromised, and the cause of the breach. This investigation will provide valuable insights to guide subsequent actions.
Once the investigation is complete, the affected individuals should be notified promptly. Clear and concise communication is vital to inform customers about the breach, what information was compromised, and any potential risks they may face. Additionally, offering assistance, such as credit monitoring services or identity theft protection, can help mitigate the impact on affected individuals.
To prevent future breaches, the company should implement stronger security measures. These may include encryption of sensitive data, robust access controls to limit unauthorized access, regular security audits to identify vulnerabilities, and comprehensive employee training on security best practices.
Furthermore, a well-defined incident response plan is crucial. This plan should outline the steps to be taken during a breach, including prevention, detection, containment, and recovery strategies. Regular testing and updating of the plan ensure its effectiveness and readiness.
In summary, both individuals and companies need to act swiftly in the event of a data breach. Companies should respond by conducting investigations, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities. Effective counter-measures involve encryption, access controls, regular security audits, employee training, and well-defined incident response plans.
Learn more about Customer here:
https://brainly.com/question/31192428
#SPJ11
At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000 which gave Martin the ability to significantly influence Foster. The price paid reflected Foster's book and fair values of its assets and liabilities. During the current year, Foster reports net income of $25,000 and declares dividends of $15,000. At the end of the current year, what amount should Martin report as investment income from its ownership of Foster's shares?
Answers
Answer:
$5,000
Explanation:
Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares
Using this formula
Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased
Let plug in the formula
Amount to be reported as investment income=$25,000 x 20%
Amount to be reported as investment income= $5,000
Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000
economists typically measure economic growth by tracking:
Answers
Typically, economists gauge economic expansion by monitoring real Gross Domestic Product per person.
The social science field of economics has professionals and practitioners. In addition, the person can research, create, and use economic theories and concepts, as well as write about economic policy. Macroeconomic analysis, microeconomic analysis, financial statement analysis, mathematical finance, and philosophical economics are just a few of the many sub-fields that fall under this umbrella, ranging from broad philosophical theories to the focused study of minutiae within specific markets.
These sub-fields use analytical tools and methods like econometrics, statistics, economics computational models, financial economics, and mathematical economics. Economists operate in a variety of settings, including academia, government, and the commercial sector, where they may also "...analyze data and statistics in order to spot trends in economic activity, Gross Domestic Product (GDP) economic confidence levels, and consumer sentiments.
Learn more about Gross Domestic Product here
https://brainly.com/question/9201016
#SPJ4
Some identity thieves may use your Social Security number to obtain government benefits,
OA True
OB, False
Answers
Answer:
True
Explanation:
Your social security number overall describes who you are and your citizenship. If someone could get a hold of your SSN, they could do an number of things that are far worse then mere identity theft. If given the chance, they could even file for unemployment or Social Security benefits. This means that by using your identity, they are illegally gaining funds through government benefits. This crime is known as fraud.
Suppose that the nation of kerblopistan has a money supply of $1,000, a velocity of 2, and a real gdp of $40. What is the price level?.
Answers
A price index is a figure whose movement corresponds to changes in the median price level.
Here, The price level = 50.
What means price level?The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.A price index is used by economists to gauge the price environment. A price index is a figure whose movement corresponds to changes in the median price level.The cost of goods and services, as well as the purchasing power of money, are significantly influenced by price levels..money supply × velocity of money = price level × Real GDP
price level = \(\frac{money supply × velocity of money}{real GDP.}\)
= 1000 x 2 /40 =50.
the price level =- 50.
To learn more about : Price level
Ref : https://brainly.com/question/20397081
#SPJ4
The rule of law is important because it _______. In regard to governments, the rule of law _______.
BLANK 1:
protects citizens from crime and justice
helps reduce the number of Supreme Court cases
ensures that an innocent person is not accused of a crime
BLANK 2:
applies to them in only certain cases
applys to them equally
does not apply to them
Answers
Blank 2. Applies to them in only certain cases
In terms of corporate social responsibility, what should companies provide to suppliers?
Answers
As part of their CSR companies should provide suppliers Hassle-free acceptance of timely and complete deliveries.
Companies must be aware of their social responsibilities regarding supply chain practices for the environment, occupational health and safety, sustainable production, and human rights (including working conditions, child labor, and slavery). Companies need to manage potential risks as well as moral, legal, and financial concerns.
Corporate social responsibility (CSR) places a strong emphasis on how important it is for a company's whole supply chain to protect the environment and proactively enhance social welfare.
Government laws are the primary factors driving corporations to behave more socially responsibly.
Learn more about corporate social responsibility
https://brainly.com/question/13528806
#SPJ4
Once a marketing campaign is executed, it should be ________________ for effectiveness.
- evaluated
- created
- engineered
- designed
Answers
Answer:
evaluated
Explanation:
To evaluate is to carefully and skillful determine the merits, benefits, significance, nature, character, or relevance of something or someone. The process of evaluation highlights the strengths of the subject matter and reveals its weaknesses.
Evaluating a marketing campaign will determine its level of success and point out areas that need improvement.
Amara lost his debit card on May 1st. He reported it missing the next day; however, $600 had already been purchased with the card without the use of his PIN number. How much of this $600 loss is Amara responsible for?
A. $600.
B. $50.
C. $0.
D. $500.
Answers
Based on the amount that had already been purchased with the card, the amount owed by Amara would be B. $50.
How much is Amara responsible for?Federal law states that if your card is stolen and you report it immediately, you aren't liable for any charges to the account.
If you report it within two days however instead of immediately, you would be liable for $50 which is the case with Amara.
In conclusion, option B is correct.
Find out more on stolen item procedure at https://brainly.com/question/9195967.
supply begins to exceed demand during which stage of the product life cycle?
Answers
Supply begins to exceed demand during the maturity stage of the product life cycle. In this stage, the product has reached its peak in terms of market penetration and sales growth. The market becomes saturated, meaning that most consumers who would be interested in the product have already purchased it. As a result, competition among businesses intensifies, leading to an increase in supply as companies strive to maintain their market share.
With the market saturation and increased competition, the demand for the product starts to decline. Consequently, the supply begins to exceed the demand. This situation creates pressure on businesses to lower prices, invest in product differentiation, or develop new marketing strategies to attract customers and maintain profitability.
During the maturity stage, businesses need to focus on efficient production and cost control to maintain their profit margins. It is also essential for companies to keep an eye on emerging trends and consumer preferences to adapt and innovate their product offerings accordingly. In summary, the supply begins to exceed demand during the maturity stage of the product life cycle due to market saturation, increased competition, and declining growth in sales. This stage requires businesses to be strategic in their approach to maintain profitability and stay competitive in the market.
to know about product life cycle visit:
https://brainly.com/question/30512127
#SPJ11
1. Give the three (3)
business resources
Answers
Answer:
Financial Resources
Human Resources
Educational Resources
Explanation:
Where would you go to add a new supplier or find the link to import a supplier list into QuickBooks Online? Choose the most viable method from the options below, although other methods may be available.
Answers
The available options are:
A. The New vendor button in the Vendors tab of the Sales screen
B. The New vendor button in the Vendors tab of the Expenses screen
C. The New vendor button in the Expenses tab of the Expenses screen
D. The Enter vendor details button in the Expenses tab of the Sales screen
Answer:
The New vendor button in the Vendors tab of the Expenses screen
Explanation:
Considering the available options, the most viable method to add a new supplier or find the link to import a supplier list into QuickBooks Online is to follow these steps:
1. Click on the "Expense" button on the menu on the left side of the computer screen.
2. Click on the "Vendor tab"
3. Click on the "New Vendor button" to check the "Vendor Information Form."
4. Complete the Vendor Information Form, by filling it with necessary information.
5. Click save after that.
The best option, in this case, is "The New vendor button in the Vendors tab of the Expenses screen"
y'all anyone have any name ideas for a brand for race cars
im kinda lost right now so any suggestions would be cool I could start from there and evolve
Answers
Answer:
turbo rush
Explanation:
what do limited partners in a business give up ? why ?
Answers
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
A physical count of supplies on hand at the end of May for Masters, Inc. Indicated $1,250 of supplies on hand. The general ledger balance before any adjustment is $2,100. What is the adjusting entry for office supplie s that should be recorded on May 31?
Answers
Answer:
Debit Supplies Expenses $850 and Credit supplies $850
Explanation:
Kimdly check attached picture for explanation
he said to me "no sir I did not quarrel with your servant yesterday"
change into indirect
Answers
he said “no i did not quarrel with the servant yesterday”
Answer:
He denied that he quarreled with my servant the previous day
3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answers
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
i. What is meant by derive demand? a. The demand is derived in beginning economic classes.
b. The demand is derived from income, tastes, etc. of sellers.
c. The demand is derived from the price elasticity of demand.
d. The demand for a resources id derived from the demand for what it can produce.
Answers
Answer:
D is the answer ( The demand for a resources is derived from the demand for what it can produce.)
Explanation: